Filed December 28, 2015
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $172,933 | $102,317+69.0% | $146,958+17.7% | $80,856+113.9% |
| Participation rate | 60.7% | 75.8%-15.1pp | 82.2%-21.4pp | 67.6%-6.9pp |
| Annual return | 12.06% | 134.76%-122.7pp | 418.34%-406.3pp | 35.59%-23.5pp |
| Employer contribution / active EE | $1,197 | $3,713-67.8% | $4,933-75.7% | $2,755-56.5% |
| Participant deferral / active EE | $5,419 | $6,644-18.4% | $8,070-32.9% | $4,296+26.1% |
| Admin fee / account holder | $13,590 | $7,941+71.1% | $12,998+4.6% | $6,918+96.4% |